UK-based MSP Connectus Business Solutions and IT solutions firm KTSL have merged to form the Connectus Group, a joint business with 60 employees and six UK and Ireland sites.
The businesses will continue to operate from the HQ in Doncaster as well as their five offices in Salford, Corsham, Egham, Daresbury and Dublin.
Roy Shelton (pictured) will be the group’s CEO and will lead its development as an IT MSP in the UK. Clients include AIB, UCB, Unilever, the Peel Group, Sale Sharks and the National Police Air Service.
“Today is the start of an exciting new chapter for Connectus Business Solutions and KTSL, and will present an opportunity for further growth and job creation,” said Shelton. “By bringing these two great organisations together and creating Connectus Group, we have significantly increased our technical capability, boosted our delivery resources and further deepened our pool of commercial experience.”
Following the merger, KTSL CEO Rob Marks will become the non-executive chair of Connectus Group.
The group will also be strengthened by the arrival of Keri Brocks, company secretary and finance manager; Paul Ruocco, group CFO; Aaron Perrott, group CTO; Tim McCue, head of professional services; Mark Robinson, founding director; Mark Wiseman, group commercial officer; and Andrew North, group sales director.
“This merger will allow us to extend our range of service solutions built on more than 20 years as a global leader in the ITSM and service integration space,” added Perrott. “It will extend our portfolio to include cyber security and a secure hosting capability for our solutions.”
Connectus Group expects to report revenues of more than £10m in the current financial year ending March 2023, including significant and sustainable profits that will help deliver accelerated organic and inorganic growth.
Advisers on the transaction were not disclosed.
